S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
The S&P/TSX Composite Index rose 0.5% to close at 35,697 on Friday as oil prices pulled back on prospects for diplomatic efforts to ease tensions around the Strait of Hormuz. Gulf foreign ministers are expected to meet their Iranian counterpart in Oman on Monday as part of efforts to secure support for a temporary arrangement to manage shipping through the strait. The pause in the oil rally allowed equities to enjoy some respite. Credit-sensitive stocks posted gains, with TD Bank and BMO up 0.8% each, while Scotiabank added 0.9%. Gold prices rebounded, supporting heavyweight mining stocks, with Agnico Eagle rising 2.2%, while WPM and Franco-Nevada gained 2.4% each. Tech stocks advanced, tracking strength in US hyperscalers and chipmakers, with Shopify up 1.9%, Constellation Software adding 2.5%, and Celestica jumping 6.6%. Descartes Systems surged 6.9% after reporting second-quarter revenue slightly above estimates. Still, the S&P/TSX Composite Index lost 1.7% on a weekly basis.
